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Monbat AD (XBUL:MONB) E10 : лв0.50 (As of Sep. 2023)


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What is Monbat AD E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Monbat AD's adjusted earnings per share data for the three months ended in Sep. 2023 was лв0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is лв0.50 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Monbat AD's average E10 Growth Rate was -9.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2024-05-28), Monbat AD's current stock price is лв3.06. Monbat AD's E10 for the quarter that ended in Sep. 2023 was лв0.50. Monbat AD's Shiller PE Ratio of today is 6.12.

During the past 13 years, the highest Shiller PE Ratio of Monbat AD was 11.14. The lowest was 6.15. And the median was 8.72.


Monbat AD E10 Historical Data

The historical data trend for Monbat AD's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Monbat AD E10 Chart

Monbat AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.57 0.52

Monbat AD Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.52 0.52 0.51 0.50

Competitive Comparison of Monbat AD's E10

For the Electrical Equipment & Parts subindustry, Monbat AD's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Monbat AD's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Monbat AD's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Monbat AD's Shiller PE Ratio falls into.



Monbat AD E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Monbat AD's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.08/129.8595*129.8595
=0.080

Current CPI (Sep. 2023) = 129.8595.

Monbat AD Quarterly Data

per share eps CPI Adj_EPS
201309 0.190 98.790 0.250
201312 0.249 98.326 0.329
201403 0.150 99.695 0.195
201406 0.120 100.560 0.155
201409 0.160 100.428 0.207
201412 0.190 99.070 0.249
201503 0.210 99.621 0.274
201509 0.450 100.392 0.582
201512 0.111 99.792 0.144
201603 0.200 100.470 0.259
201606 0.120 101.688 0.153
201609 0.170 101.861 0.217
201612 0.189 101.863 0.241
201703 0.220 102.862 0.278
201706 0.090 103.349 0.113
201709 0.180 104.136 0.224
201712 0.260 104.011 0.325
201803 0.040 105.290 0.049
201806 -0.020 106.317 -0.024
201809 0.060 106.507 0.073
201812 -0.077 105.998 -0.094
201903 0.170 107.251 0.206
201906 -0.020 108.070 -0.024
201909 0.160 108.329 0.192
201912 -0.010 108.420 -0.012
202003 0.060 108.902 0.072
202006 0.050 108.767 0.060
202009 0.090 109.815 0.106
202012 -0.170 109.897 -0.201
202103 0.170 111.754 0.198
202106 0.120 114.631 0.136
202109 0.088 115.734 0.099
202112 -0.300 117.630 -0.331
202203 0.160 121.301 0.171
202206 -0.030 125.017 -0.031
202209 0.080 125.227 0.083
202212 -0.090 125.222 -0.093
202303 0.170 127.348 0.173
202306 -0.040 128.729 -0.040
202309 0.080 129.860 0.080

Add all the adjusted EPS together and divide 10 will get our e10.


Monbat AD  (XBUL:MONB) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Monbat AD's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.06/0.5
=6.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Monbat AD was 11.14. The lowest was 6.15. And the median was 8.72.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Monbat AD E10 Related Terms

Thank you for viewing the detailed overview of Monbat AD's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Monbat AD (XBUL:MONB) Business Description

Traded in Other Exchanges
N/A
Address
32 A Cherni vrah boulevard, Floor 4, Sofia, BGR, 1407
Monbat AD is a Bulgaria-based company engaged in the production and maintenance of and sale of batteries; engineering and development activity; production and trade of equipment used in battery manufacturing; domestic and foreign trade and establishment of commercial networks; specialized stores and representative offices; recycling of lead and lead containing alloys. The company's product range includes starter batteries, stationary batteries, deep cycle batteries, and leisure batteries, special batteries for military applications and locomotive batteries. Additionally, it is also involved in the production of light emitting diode (LED) lighting. The company operates geographically across Bulgaria, Serbia, Romania, Nigeria, and others.

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